The importance of writing the last will and testament form is often underestimated. But what if we tell you that if you pass away before drawing up a will, your earthly possessions become intestate? It implies that, in the absence of a will, the property you worked relentlessly for goes to those whom you may or may not have chosen as your desired inheritors. It happens due to the state assuming the role of the property “distributor.” Hence, making Arizona last will and testament is vital for Arizona residents who are ready or feel the need to express their last wishes in writing.
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In case you (deceased person or decedent) leave behind a spouse and children, or if you only have a surviving marital partner who has descendants, doubling up as their heirs, then your husband or wife will inherit all of your assets. Then again, in case you, the decedent, are survived by kids and no significant other, your children will become your only successors.
The surviving marital partner may inherit a part of your legacy if you are survived by offspring not related to the spouse.
Taking this information into account, you probably see that creating a will is the right choice. If you do, we will gladly help you. At the end of this article, you will get a free sample of the last will and testament in Arizona.
Yet, firstly, we should clarify what a last will and testament (or simply last will) represents.
The above mentioned terms are used interchangeably to indicate an essential legal document confirmed by an ordinary person. In this legal paper, the individual who signed it (the testator) specifies that after their demise, their estate passes to a particular person or group of people. A free Arizona last will and testament will also indicate an individual who will receive the controlling interest for the property.
Nonetheless, it is crucial to note that it is relevant only when it comes to the distribution of legacy assets but not joint property or estate with any form of appointment of the beneficiary. By law, the individual who inherits your assets is an inheritor or a beneficiary.
Before finding out how to draw up a will, let’s take a look at the purposes of such a legal instrument:
Now, it is time to figure out the plan of making Arizona last will and testament. To create such a legal instrument, follow the next steps:
It’s crucial to note that your last will should be presented in written form only. Nonetheless, a holographic will is permissible, but only if the textual content of the last will and signature are provided solely by the one who bequeaths their legacy.
Finally, an Arizona last will and testament must be drawn up under the requirements of Section 14-2501 of the Statutory Code and what follows.
Remember that a last will be executed only upon your demise while a living will can be executed when you are alive but cannot make difficult decisions.
If you would like to create a will today, our free sample of the last will and testament for Arizona residents will make it easier for you.